About your Search

20121201
20121231
SHOW
Cavuto 6
( more )
STATION
CNNW 49
CNBC 47
CSPAN 35
FBC 33
CSPAN2 25
MSNBCW 22
KGO (ABC) 10
KQED (PBS) 9
WJZ (CBS) 4
WUSA (CBS) 4
CNN 3
KRCB (PBS) 3
KRON (MyNetworkTV) 3
LINKTV 3
( more )
LANGUAGE
English 304
Search Results 0 to 49 of about 304 (some duplicates have been removed)
talking about 6,000 to talking about 5,900. the german bund rallying. same goes for the uk. we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here becaus
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
on the very issues which the u.k. yb are discussing in the combat. we know schools across the country are tuning in to watch and that is hugely welcome. just on process and housekeeping, let me say the following. first, nyp who wish to speak should stand in their place, or raise their hands if seated in a wheelchair. secondly, and most importantly, nyp should always say their name and region at the beginning of their speech. otherwise -- the official record of our proceedings will be deficient. the writers will not know who you are unless you say. if you be good enough to pause, momentarily, before you start your speech, that will give an opportunity for the microphone to be activated. your gain here -- you're going to hear from the leader of the house and the leader, whom is my delight to welcome here today. leader of the house andrew, and angela. and the parliament tear undersecretary of state at the department of education, the children's minister edward. edward, andrew, angela, it's a delight to have you. before we hear from andrew and angela, i call in order to read a message fro
the uk's high divorce rate rather than promoting marriage. the coalition for equal marriage is love is love regardless of gender. well, i would add that love is love regardless of marital status. and while the majority of us, almost all of us absolutely believe in marriage for all his rate and yes, compared to some countries can bush legalize same-sex marriage some years ago, i note that the u.k. has been slow to act. if things are rapidly changing. the huge success of civil partnerships recognized commitment to same-sex couples has been a capitalist for this change. david cameron has pledged to legalize same-sex civil marriages by 2015. abdallah before marriage will be introduced here in this chamber in a 10 minute speech. i accept this as a plot to talk about such an important issue, but it's longer than i've got. i'm at the parliament or a cynical access marriage, there is a danger that any campaign will be overtaken by the legal change we seek. i conclude we have three main priorities. quality, quality, the national campaign will not provide the equality we required. more import
prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is actually a big source of stimulus for households. absolutely. i don't want to make too much about it, but the biggest attacks oeft with the and elevated since the mid '70s, it could be coming to an end. so i think that is something we need to be aware of. the annual fuel rate in the uk is about 15 billion to consumers. you're looking at another percent on income. so as i'm sitting down righting the income for next year, it's not all doom and gloom, the mood is
about the contrast between the u.k. and the united states which i think is revealing, and some world's about -- words about challenges facing the world economy which is more important than those facing individual countries alone. the united kingdom was hit very badly by the financial crisis. total gdp fell by 6% between the peak at the beginning of 2008 and the trough in the second quarter of 2009. output still remains 3% below the peak level. and more than 15% below levels that output would have reached have the long run average growth rate merely continued. on top of that, the inflation rate has been a 2% target. and in the wake of the financial crisis, the budget deficit reached a level of 11% of gdp, a good part of that being structural. we have serious problems to contend with when trying to put in place an economic recovery program in 2009-2010. it was clear at that point that the u.k. needed a major rebalancing of our economy. the shift of spending away from consumption, private and public and toward the net exports whether exports or production to compete with imports. the st
'll take a look at gilts. slightly lower, 1.77%. big day for uk. manufacturing pmis out for the month of november. italian and ten year sbpanish yields are also lower. down on the greek announcements, but substantially below 6%. ten year bunds 1.37%. those yields slightly higher. on the currency markets, we talked about this euro-dollar six week high. below that at the moment, but not by much. dollar-yen moving off the 7 1/2 month high at 82.17. aussie dollar weaker despite the good chinese data. dipping below 1.04 earlier on. we had retail sales data that was a little bit disappointing. sterling-dollar back above 1.60 as we wait for the pmis. the most searched terms apparently of 2012 were the u.s. election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let
to pakistan is reunited with her mother in the u.k. welcome to "bbc world news." also to come, no where to pray for moslems in athens. and a quite at hollywood that revolution, making big returns to the silver screen. >>> breaking news coming to us from singapore. in the past few minutes, it was just announced that the indian woman who was gang raped in delhi earlier this month that has caused national average has died. she was being treated at a hospital in singapore where she was on life-support. in india, her brutal attack triggered nationwide protests. the authorities struggling to contain the growing anger. we have received a statement from a doctor, the chief executive of the hospital where she was being looked after. "we are very sad to report the patient passed away peacefully at 4: 40 5:00 a.m. today singapore time. her family and officials from the high commission of india were at her side. we join her family in mourning her loss. the patient had remained in extremely critical condition since admission to hospital from the morning of december 27. despite all efforts by a team
service for senator taan -- daniel inouye. then the u.k. youth parliament holds a debate at the british house of of commons. >> president obama, vice president biden and former bill clinton spoke at the memorial services for the late hawaii senator daniel inouye today at the washington national cathedral in washington d.c. senator inouye died on monday at the age of 88 and was the second longest-serving senator in history. this is an hour and 45 minutes. .. >> i am resurrection and i am white said the lord. whoever has faith in me shall have lies, and everyone who has lies and has committed himself to me and she shall not die forever. as for me, i know that my redeemer lives and that at the last he will send upon the earth after my awakening, he will raise me up and in my body, i shall see god. i myself shall see in my eyes behold him who is my friend and not a stranger. for none of us have wife and hands of a none terms his own master when we die. for if we have life, we are alive in the lord and if we die, we die in the lord. so then, whether we live or die, we are the worse possessio
mother country against this time no muss cet, u.k. sides u.s. companies like microsoft, and amazon, and starbucks of dodging taxes in the u.k., but all 4 companies are saying what they are doing is legal, and by british financial law, went their rights it is british government's fault for not closing the hoop holes that many of the companies are taking full advantage of. good to have you. >> thank you. neil: what do you make of this? >> put it this contact, for the moment, britain. david cameron came into power. neil: they are sweating a lot. >> they instigated deficit reduction it has been tough times, britain with a double dip recession this year, so, it is all about shared sacrifice, everyone from the queen, doing their bit. neil: does the queen sacrifice? >> she seen as not taking -- but all about everybody on the budget. then you have starbucks that found out, you can't move the starbucks in britain, taking away a lot of traditional british tea shops have you starbucks. it has moved in over a third of coffee shops are starbucks. past 14 years starbucks paid lesser than 1% in c
and that is how we got here. that is how the uk got there. on the other hand, as countries get rich, they start increasing education. very educated people tend to not like trial and error. productivity drops and the rate of innovation drops. tavis: you mentioned the uk. how does this notion of "antifragile" apply in a place like egypt right now? >> the way i was complaining about egypt before the arab spring. when you suppress political life -- political life loves volatility. switzerland is a perfect place where you have volatility at the municipal level, but nothing of talk. the exact perfect on stable system is like saudi arabia or egypt. egypt before the arab spring, we had no information for 40 years. no information. a system artificially stabilized and you have hidden risks under the surface and you do not know what they are. that is what happened with the arab spring and now we are seeing things and it may turn into a total mess. the system is fragile last by depriving it from some rigid depriving it of political ofatility -- depriving it political volatility. tavis: doesn't always lead
and to pakistan three years ago has been reunited with her mother in the u.k. in the past couple of hours she arrived at manchester airport. she was taken from her home in greater manchester on her third birthday, found with the help of the pakistani authorities and is understood to be fit and well. the police officer who met her off the airplane has been talking to the bbc. >> she has been reignited at a hotel near manchester airport with her mother. -- she has been reunited at a hotel near manchester airport with her mother. it is a good news story, and this time of the year we are happy that this has come to fruition. >> were you there? >> >> yes, wheat discreetly to occur from the aircraft with a number of extended family. she has been reunited with her mom. clearly, she is 6 years old. she has been in pakistan the past three years, so she is disoriented. she is a bit quiet. she does not speak english at the moment, so will be a long time for her extended family to get to know each other again. but i am sure with the love of the family, it will go well. >> she was taken straight to her mo
from the u.k. says this is all perfectly fine. you don't have a problem? >> they are bit like, today, actually, 150 federal agencies already on youtube as part of efficiency and government as it were, part of transparency. fundamentally, as far as government goes, obama cut 600,000 jobs from federal government arriving in 2009. this youtube program i think is one of the reasons for doing that. government all around the world use media in this way. neil: i want the 600,000 jobs back and not worry about the trillions in deficit we incurred as a result, wouldn't you? >> well, yes, there has to be a shift on the view of americans on entitlements. there's fascinating research saying that 53% of voters had used entitlements, and 59% of obama supporters used entitlements. there has to be a shift how americans think about entitlements, but a youtube channel will not change that. the most popular youtube channel? irs. youtube is actually helpful. neil: i worry about anything that makes it easier for you to get benefits from the government. i worry about it because there was a woman on earlier
this promotion drives us towards a fiscal ditchand weber from the u.k. says this is all perfectly fine. you don't have a problem? >> they are bit like, today, actually, 150 federal agencies ready on youtube as part with u. good night from new york. neilwheeling and dealing, and despite the shouting back and forth, that says a fical cliff deal is coming. that's the good news. now, the bad news. it won't remotely tackle spending of the it is not what they are saying. it is what big spenders are promoting in a youtube video that's gone viral. i want you to ignore everything that you've been hearing out of washington today because i think at the end, it means nothing. focus on this video beause i think it's going to tell you everything. take a look. >> to begi the benefit finder, first answer all of the nine simple core questions that are essential to narrowing your relts. you will find a program description, general requirements, and your next steps on how and where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to gover
if it weren't for the ipad, the uk sales figures would be extraordinarily weak. >> yes. although, you know, for the uk economy, the consumer sector is not the weakest point. i think what is interesting about the uk economy in the last six months is this quite stronger than expected growth. if you look at the gdp number. but a very worrisome trend. so a liberal market that remains very, very firm with respect to other similar economic weakness. and i think that is what we really have to solve on the uk economy to know if this relativerelativ relatively soft, but also, i mean, rather encouraging if you look at other european countries numbers. i think we will have to wait until well into next year to understand if this is going to have a long-lasting consequences on the uk economy and also on the consumer sector. it's too early to say. >> you mentioned it's not necessarily the consumer where we're looking at the gauge of growth in the uk. but we see the employment figures be relatively strong even at a time when gdp generally is weak. what's the disconnect between what we're seeing in the em
july, 2011. up .5%. yields coming down during the session yesterday. employment numbers out of the u.k. in around 15 minutes or so. we'll keep our eyes on that. yields also -- treasury yields, 1.67%. gild yields, 1.63. and bond yields higher. they got kicked higher in germany post that survey which we broke on the show, as well. as far as the currency market, dollar bit under pressure ahead of the fed. euro/dollar 130.08. we were down late friday and early monday trade, as well. dollar/yen, highs polls suggest mr. erbe will be a clear win in japan. however big will the lead be and what influence tell have on the bank of japan. dollar and yen pressured by more q.e. talk. and aussillar three-month high. the prospect of q.e. boosting commodityets. canadian doing well. firm at 1.6122. we have more on the asian trading day out of singapore. >> reporter: hi, thank you, ross. most asian markets finished on a bright note. the shanghai composite recouped morning losses in positive territory. property stocks turned higher in the afternoon. stocks also rallied while investors await beijing's det
export performance, creating jobs in the manufacturing sector. but germany and the uk need europe to improve. >> it comes at an inkrd eblly high cost in terms of the number of people out of work. what has been done? how much have we destroyed so that the jobs outlook and growth prospect in this country? >> well, what growth prospect in the southern european countries? we're seeing definitive bifurcation of northern europe and southern europe. southern europe, we are creating an underclass of long-term, especially youth unemployed that is going to give us a problem when the economies eventually start to get into balance and start to pick up. we still have this issue, even though we have tens of millions of people out of work, we still can't find the right skills and the right time. >> you mentioned the uk. the unemployment picture never got that bad in britain. so what happens now? why did it outperform? >> the uk is so different from the rest of europe. we've got london, the financial services sector, that didn't actually, in terms of job numbers, get hit as hard as the rest of eu
in ubs have edged up in early trade after the bank announced a major settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. with more we'll look at the story with carolyn roth with us on set. i guess we're expecting a settlement, expecting something big. what have we learned today? >> well, first of all, i mean, the market reaction -- ubs up by 1%, can you believe that? what barclays was hit with $450 million fine, i mean, we saw a big hit in barclays' share price. this fine is three time the amount that barclays was fined. $1.5 billion or $1.4 billion swiss>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss regulators $59 million in profits because the regulator can't fine ubs. the fine from the fsa is the biggest ever, 160 million pounds, $1.2 billion will go to the u.s. regulators. so the second biggest fine that was ever handed to a financial institution. of course, following that $1.9 billion fine that was given to hsbc. what we do know is that the company is admitting criminal wrongdoing in its japanese arm b
to come. in just one instance revealed by the u.k. financial services of 40, ubs made corrupt payments of about $24,000, a quarter over 18 months, to reward brokers for helping to manipulate the global interest rate. the u.k. authorities have already arrested three people in connection with the serious fraud of criminal libor investigation. >> shareholders are getting more serious about asking serious questions with these practices. there have not been enough to drive an enormous or definitive change in the banking culture as a result. this is why many people say the financial companies will not be as significant -- the financial penalties will not be as significant as the criminal police. >> ubs, already rocked by a rogue trading scandal, a tax investigation, and huge subprime losses. >>> william black is a former u.s. federal regulator and associate professor of the economy and law at the university of missouri. >> there is nothing astonishing about this behavior. this is what virtually every large banked active in the market did. and they did this quite predictably because the top m
force the u.k. government to make payouts of the payout over the space of three years. beatings, threat, sleep depravation, sexual humiliation say amount to systematic torture. >> you have to be very careful before you start embarking on anything that might turn into torture. the question is, of course, whether sleep depravation, whether food depravation, water depravation whether putting somebody in a cell without any access to any light or ability to exercise, well, is this torture? it doesn't take much of that to constitute torture. >> britain's ministry of defense while acknowledging the payouts assures that it wasn't anything but a few. the vast majority he said have acted with dignity. we seek to ensure that those responsible are brought to justice [beep] -- brought to justice. [beep]. [beep]. >> but it's starting to cost the u.k. government a lot of money. >> $3 million have been paid out. that's an average about 114. with almost two -- 200 cases the ministry of defense is likely to get bigger. there are the 700 or so individuals that could be filing claims in 2013. >> still ahea
losses in the u.k. almost every year. >> if you've made losses in the suck which is what you're fighting, over 15 years, what has you doing business here? >> we know that we must within the u.k. to be a successful company. >> but you're not making money. >> we've had encouragement over times. >> 15 years. andre still making losses yet you're carrying on. if it's true. >> i assure you it's very strew. we're not at all there. >> i mean for 14 years of trading this -- in this country and get paid $17.6 million in corporation tax. you either want the business very badly or something else is going on. >> would you consider making a commit development the british marketplace about the degree to which you will have a fair approach to taxation? >> we are never aggressive in avoiding taxes by any means. we do not have tax havens in place. that's just now hot we do business. we look forward to deepening our investment. we have every intention to do that. >> your entire economic activity is here in the u.k. >> i do pay in pants. never comes out. your entire activity is here and yesterday you pay no
to allow them to pay minimal tax in britain. >> not paying their fair share, despite being over the u.k. on every high street. it's gisting behavior. i pay my tax, why not starbucks? >> sometimes they position themselveses in other country to avoid paying high taxes here and britain. amazon did $320 million in turnover in the u.k. it paid less than $3 million in british tax. all of this within the law but parliamentary law accused them of immorally minimizing the tax obligation. some say don't blame the big guys. >> i don't moral is the way we ought to levy our taxes. it should be set out in law and fairly enforced by the tax authority. individuals have their own moral compass that guides what they choose to do. >> starbucks does appear to feel the heat of public pressure. saying we need to do more. we are looking at the tax approach in the u.k. the u.k. said it will tighten its tax regime but it has not said how. other european countrys have similar concerns. with some calling for more uniform taxation across the e.u., so some countries don't become tax havens at the expense of others.
ourses to our international competitors, our economy here in the uk is growing by 0.6%, whereas in germany, we've seen growth of 3.6%. in the u.s., growth of #.1% during the same period. so certainly not a cause for celebration. still a difficult operating environment. under the former chancellor's plan, we would have been borrowing less in the next three years. because the government has failed to get our economy growing and because the policies have pushed us into recent double dip recession, they'll be pr rowing 212 billion pounds more than they planned. put that in context, that is the equivalent of what we in the uk will be spending this financial year on health, transport and defense in aggregate. >> you were talking quite rightly about the low level of he have credit growth in the uk, which has obviously been a feature of this period. but there's a question of what's cause and what's effect there. the banks will tell you that that problem is not so much availability of credit, there's credit demand and even in the mortgage sector which under normal circumstances you might
to allow the ecb to directly supervisor the three largest banks in each country except for the uk and sweden which have both opted out. european leaders need to give their seal of approval and silvia wadhwa is in brussels with the latest. sylvia, it sounds like the meeting went into the late hours of the night. it sounds like the uk and sweden got their way. how significant is this agreement? >> the early hours of the morning. one may wonder whether that's good news for sweden and the uk that they opted out of the banking supervision or whether that's good news for them in that sense that they opted out and had their way. bottom line is, we have an agreement. that's the most important thing. otherwise, they threaten meetings going between the years leading up to christmas because everybody agrees that we might have a type of agreement before the year is out. the agreement that is on the table, ecb will be the banking supervisor. the straightforward ecb supervisory council will be flanked by two other committees, a mediation committee and a steering committee. the personnel of this
of that member. the u.k. has. and then the interest of scotland's economy. perhaps we'll see that fulfill into other arguments as wellle -- westminster review. >> there's anger other the churnl of england not to allow women bishops. and there's in problem over david cameron to aplow the propo sal. there's no electric mandate for these politics. after the owned of, he finally produce his report on media ethics. his inquiry was set up gld cakes of the hacking scandal. in his report he said parts of the media were wrengless and had weeked -- following that news conference david cameron came to the commons to end piece. >> i have proposals who have independent self-regulation organized by the media. he details the key requirement that an independent regular body should meet. a standards code. an arbitration service and a speaky complaint. usually it must have the pow fwore deband up front and impose up to a 1 lourks fine. >> i looks wlike it was -- that word "crucially" provide and i with quit independence process. this wood would reassure the basic requirements and the reeffective meets woff
, if you look at uk they have a culture of violent games, the same games and everything around. obviously, they don't have these same shoot problems. if you like at japan, they have the most vicious, violent video games of anybody, and they don't have these issues. they don't have a murder rate. >> guess what? tell your hollywood friends, we got hundreds of millions of guns on the street. we ain't japan, so you fight the war on the battlefield before you and the battlefield before us is there is easy access to guns. there will be easy access to guns regardless of what gun safety legislation. >> to parents while i still have control, because you lose it as they get older, don't let them do it. find something else. it's hard. it's easier said than done because a lot of kids sit there for hours and it's their baby-sitter, but no. >> steve, i understand that's not your position, but i'm hearing this a lot of from people in hollywood. no response. quentin tarantino was unbelievable incense it actisen. what a total jackass. left wingers say i want to -- there's a slippery slope on first amendme
are telling some american companies it is time to start paying their fair share there in the uk. even throwing around terms such as shame, outrageous when talking about it. executives from google, amazon, and starbucks all appeared before a parliamentary committee looking into how international companies minimize the tax they pay in the uk. richard quest is in london to explain it all. now, richard, not necessarily talking about tax evasion here. it's more like avoidance, minimization, what's the concern? >> reporter: that's exactly the point. the companies are not breaking the law, not doing anything wrong. the accounts committee described their actions as immoral claiming they have r. so arranging their tax affairs so as to pay no tax in the country where the money is earned. this applies to google, which uses ireland, applies to amazon, on the continent, and it applies to starbucks in amsterdam. what we learned is how these companies arrange their affairs. so even though the latte is bought in london, no tax is ever paid except on sales tax to the uk government. i need to demonstrate this t
editor-in-chief anna wintour possibly being nominated as the ambassador to the u.k. and that new reporting has sparked new questions about whether the woman infamous for being rather tough on her staff possesses the diplomatic skills to deal with our best friend over in england and international relations. former u.n. ambassador john bolton faced similar criticism when he was up for his post, and he joins us next on whether he thinks wintour, infamously portrayed loosely in the film "the devil wears prada" has what it takes. >> oh, good morning, miranda. >> get me isaac. i don't see my breakfast here. where are my eggs? where's the piece of paper i had in my hand yesterday morning? the girls need a surfboard or spring break. nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. ♪ >> so you don't read runway? >> no. >> and before today, you had never heard of me --
that threatens to go off the abyss to former u.k. member of parliament john brown who is going out of his mind. i cannot believe this, but, yet, when i first heard it announced, it really happened. >> yes, you are absolutely right. when i was a nato soldier myself and when i was a member of parliament i was on the political arm of nato which was the north atlantic assembly and it was clear that it was nato particularly with the american and british nuclear deterrence that kept the peace and that extended through a circle around the ussr and margaret thanker made me the escort for gorbachev and it was clear that president reagan's strategic defense initiative brought them to the negotiating tabling the e.u. was not alive, it was not a political union. >>neil: given the trend and how they hand out the awards the common theme seems to be bash america, sort of like sally field accepting it for, i don't know, jane fonda, his theme has been europe is in the pickle because of the united states, but this is a prevailing view that the european union is facing their problems because of the united states. t
is and the group hsbc, the uk's largest bank wants to put this behind it, trying to settle the serious allegations, $1.92 billion will be what they will pay the u.s. government, there will be a press conference later today, the justice department, the manhattan d.a. and others to put this to rest. banks operating in the u.s. have an obligation to know their customer and abide by u.s. laws and u.s. sanctions against some pretty bad characters and hsbc apparently didn't do that. that's the allegation of the united states government, helping transfer money for drug cart cartels, for terrorist groups, for countries we're not supposed to be doing business with overall. these sanctions around libya, myanmar, syria and mexican cartels, this is what hsbc says, wants to put the whole matter behind this. "we accept responsibility for our past mistakes, we have said we're profoundly sorry for them. the hsbc of today is a fundamentally different organization from the one that made those mistakes." they were rubber stamping transfers and one economic it any of an e-mail said "what is this, the school of low ex
us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio manager at coutts, it has been at times a legal high gold exposure surging upwards in times of stress. for those days seem to have gone. trimming it. that is a fact that there's a real shortage of low risk investments of on german bunch negative. >> but you're saying it's trading like other risk assets at the moment. >> at times, it's correlated with em. so it's less attractive from a portfolio construction perspective as compared to what it was. >> it's fascinating because we've been talking about one theme for 2013 being is it a stock picker's market, are we seeing less differentiation, what you're saying would suggest that
of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so much. that does it for this edition of "360." see you again one hour from now at 10:00 p.m. eastern. thanks for watching. "piers morgan tonight" starts now. >>> tonight, tragedy in kansas city. >> how many shots? >> a football star's shocking murder-suicide. two more victims of gun violence. now the great debate rages again. is it time for america to put down its guns? both sides go head-to-head. >>> also, one of the biggest names in the history of the game speaks out. hall of fame quarterback joe namath joins me exclusively. >>> plus, a man that many say is to blame in the standoff in washington and the threat of recession. grover no
in the u.k. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. the daily mail, one of the main selling newspapers in this country is dedicating 14 pages to this in the morning. >> the big story just beginning. >> that does it for this edition of 360. thanks for watching, erin burnett out front starts now. >>> breaking news. news evidence that bashar al assad's regime has begun mixing sarin gas. >>> the speaker of the house, john boehner offered up his own plan to avoid the fiscal cliff today. does it add up? >>> and the u.s. ambassador to the united nations, susan rice comes under fire again. this time, it's over rwanda. let's go "outfront. >>> good evening, welcome, everyone. "outfront" tonight breaking news, president obama puts the syrian president on notice. the president is reacting to new evidence that assad's regime has started mixing chemicals to make deadly sarin gas, adding to its massive stockpile of chemical weapons. >> and today i want to make it absolutely clear to assad and those under his command, the
to the uk? >> mine, i didn't think so personally. who would have thought a cnn host for offering his off the deep end comments and a little odd but just important saying something he has gotten a lot of people very upset can we explain to people how it works? they have allowed people -- you want to do a petition, do it right here with us at the white house. >> yes. >> and this petition has gotten more than any other petition that's ever been posted, it looks like. >> yes. well, three times the number of people have signed it that actually immediate to sign it in order for the white house to consider it. so -- in order for the white house to consider whatever -- think of it as a suggestion box for america. in order for the white house to consider your suggestion or comment there needs to be 25,000 people who have signed on. more than 75,000 people have signed on saying get rid of piers. >> there have been counter petitions as well, right? >> yes. actually, the best part about this -- i -- your heart goes out to poor piers. these are british citizens that have their petition saying we don'
favorite example, which i went back and looked at it kind of horrified me. uk's might remember this widely reported. in january 2007, think about that date january 2007, mike bloomberg and chuck schumer, commissioned a report from mckenzie when new york was falling behind compared to london. to be the support you can google it in 30 seconds. it's shocking the main problem, the single biggest thing holding back the u.s. economy is overly harsh regulation of credit derivatives. it's in this report you will start a section on credit derivatives, how we need less regulation of them otherwise london will take over global finance. what was amazing at the time is everybody agreed that this report. eliot spitzer was quoted saying how great this was. chuck schumer was one of the sponsors in the u.k. labor was running the u.k. and even the critics said this report showed that even the labor is kind of spending far too much money on the nhs at least they give regulation right. so there was a very widespread bipartisan kind of economic faculties of the western world bought into this and that played a
the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate d
to a great year. so i think everybody in the uk will be very excited. >> reporter: kate is going to take it easy here at the couple's london home kensington palace. the duchess has canceled all her public events for the weekend. >> really excited about it. >> reporter: prince charles the soon-to-be grandfather said he is thrilled will and kate are having a baby [ indiscernible ] grandfather at my old age, so that's splendid. i'm very glad my daughter-in- law is getting better thank goodness. >> reporter: medical experts say kate's condition which causes vomiting and dehydration sometimes lasts the entire pregnancy. the duchess has at least 6 months to go before the royal baby is born. monica see villamizar, cbs news, london. >> maybe we can talk you into doing the weather it a british accent. >> no, you may not. [ laughter ] >> folks, around the bay area today finally catching a break in the stormy weather outside we have had plenty of clouds but that's even starting to break up a little bit over the bay right now. the temperatures running into the 50s and some low 60s at the moment. but
in london. it is the uk equivalent of ashford in the u.s. i know that because the two cables down the east coast of africa both have their major london.n from there it is a straight shot. it is a fascinating place. it is in the same spot as the ancient report. -- port. this is the place where the international -- >> where are these undersea cables that you referred to earlier? and by whom? >> there have an telegraph cables across the atlantic for 150 years now. depending on how you count, individual strands or cable systems, there are about eight or 10 or 12 across the atlantic. the current generation was laid in the mid-90s. up until about 2002. they are owned by a few companies. very large backbone companies. they are owned by telecom, verizon, british telecom joining with deutsche telekom. or a couple are owned by companies that only own cables across the atlantic. they bought their people out of bankruptcy out of a larger telecom. -we specialize in new york or london. we will sell you services to another telecom or anyone who meets high-capacity bandwidth. >> what about this pacific? >
pregnancy by saying, they should just say no. and rita tweet this had, laughable. uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. and tammie says i thought about this the other day. if you know i'm armed you are less likely to attack me. and willie it's crazy how does it look to our kids? guns in school is demoralizing and weak. >>> people from across the globe, reaching out to those in newtown, offering prayers and support. cnn's lisa sylvester has a look. >> it's a perfect b. >> reporter: 4-year-old katelyn takes her time. she is writing a letter. >> dear parents, i know that you are upset. >> reporter: a letter to the parents of the children killed in the newtown shooting. she and her mother live in maryland. they have never been to newtown. in fact, they've never been to the state of connecticut. but they wanted to show the town that they care. >> we're writing letters just to let them know that our hearts are with them, they're in our prayers. >> because i want to make them cheer up. >> right away, we started seeing mail volume coming i
. >> what would happen at 11:11 this morning uk time when the cycle was due to end? with the world and as well? no was the answer. live television coverage of the mayan heartland in mexico continued uninterrupted except for a poorly timed phone call. if they were disappointed by the anticlimax in this french town, it did not show. the local mountain was supposed to be a safe haven as the world ended with aliens poised to with the believers to safety. the aliens never turned up -- at least not the real ones. >> it is not the end of the world, but that does bring to this program to a close. for the next week and a half, you will continue to get all the day's news from our colleagues in london, and we will be back on january 2. until then, have a wonderful holiday season. we will see you in 2013. >> make sense of international news. bbc.com/news. >> funding for this presentation is made possible by -- the freeman foundation of new york, stowe, vermont, and honolulu newman's own foundation and union bank. >> at union bank, our relationship managers work hard to understand the industry
in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jazeera, at least 30 people have been killed in southeastern kenya. the deaths in the delta region have been blamed on fighting between the orma and pokomo tribes. the first round of the draft for the egyptian constitution is planned for friday. u.s. president barack obama says he will work with congress to avert spending cuts and tax hikes in the new year. where republicans budget bill to avert the -- a republican budget bill to avert hit the fiscal cliff was killed in the house. 20 people have been killed in flash floods and landslides in sri lanka. 14 people are missing. tens of thousands of people have been affected.
it now. uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at many levels. they're able to see a little bit more context than some of the fire breathing -- for lack of a better term. it will be interesting. it is not that much smaller of the freshman class, and there are fewer republicans, but they seem to be oriented toward public policy and any number of ways. >> is indicating he would support speaker boehner for the 130th congress. are they going to get along in this group -- 113th congress? are they going to get along in this group? >> there were a lot of problems during the debt negotiations. democrats had to step up and vote for the proposal to give it to pass. that is a fair question for this freshman class. are they going to support speaker boehner, or are they not?
, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking for the yen to depreciate further and keeping our fingers cross on some policy upside comin
on all but 17 days. >>> pakistan's president and his daughter make a surprise visit to the uk. they stopped at birmingham's queen elizabeth hospital to meet malala yousufzai. she's the 15-year-old girl shot by the taliban. she was shot at her home in pakistan after campaigning for girl's education. pakistan's president has added his signature to her petition. and hospital officials say that malala is doing quite well. >>> the rapper made famous by his gangnam style dance is apologizing. psy says hess sorry for making anti-american statements at a 2004 performance. the performer says the song lyrics were reactions to the war in iraq and the killing of two korean schoolgirls run over by a u.s. tank. he is scheduled to tape a christmas in washington special tomorrow. >>> a wrong turn leaves a california woman clinging for her life. she was on a routine hike through griffith park when she made one wrong turn. the trail slowly narrowed until the ground beneath her started to crumble. she clung to some vegetation on the trail to keep from falling
game change. >> one question you had. why is it so hard for the u.s. to enact policies like in the u.k. that have reduced mass shootings? what actions can be taken? >> of households that have both guns and young children in them, more than 50% of the respondents say that the gun is stored, not locked up. >> reporter: another question. how can we convince gun enthuse arizonas that controls -- enthuseiasts that controls don't end the right to own guns. >> one fear is that greater restrictions are a step down the slippier slope towards completely banning handguns, but that option has now been taken off the political table by the supreme court. so gun enthusiasts shouldn't have anything to fear from universal background checks. >> reporter: another question you had. how do we get more guns into the hands of responsible people and more guns at school to prevent similar scenarios from happening? >> the argument goes criminals will be afraid of encountering an armed civilian. unfortunately the research doesn't bear that out. there isn't credible, responsible, persuasive evidence that arming c
Search Results 0 to 49 of about 304 (some duplicates have been removed)